secwatch.observer — SEC 8-K summary
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Issuer:     Teads Holding Co. (TEAD)
CIK:        0001454938
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001454938-23-000149
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Outbrain Q3 Ex-TAC gross profit $56.8M (+8% YoY), Adj EBITDA $10.3M, guides Q4 $59-64M Ex-TAC
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- Revenue $230M (flat YoY); net income $0.5M vs loss of $4.6M prior year.
- Ex-TAC gross profit $56.8M (+8% YoY), driven by new media partners and improved performance.
- Adjusted EBITDA $10.3M (up from $1.7M), above high end of guidance; free cash flow $1.8M.
- Q4 guidance: Ex-TAC gross profit $59-64M, Adjusted EBITDA $13-17M.
- Stock repurchase: $30M authorized, $12.7M used, $17.5M remaining as of Sept 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1454938/000145493823000149/0001454938-23-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1454938/000145493823000149/outbrain-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001454938-23-000149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer